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Meta shareholders have voted down a proposal so as to add Bitcoin to the corporate’s steadiness sheet, and CEO Mark Zuckerberg was probably amongst them.
There have been simply 3.92 million votes in favor of the proposal, put ahead by BTC advocate and Attempt director Ethan Peck in January, and over 5 billion in opposition to, in accordance with a Could 28 regulatory submitting.
Mark Zuckerberg Probably Voted Towards Including Bitcoin To Meta’s Stability Sheet
With Meta CEO Mark Zuckerberg controlling over 61% of the corporate’s voting energy, in accordance with an April regulatory assertion, it appears he was amongst those that voted in opposition to the proposal
Meta shareholders voted in opposition to including Bitcoin to the corporate’s steadiness sheet…
This can circle again, #Meta will ultimately add #Bitcoin to their steadiness sheet. Simply wait on it. It solely means they’ll find yourself shopping for it at the next value … 🤐 pic.twitter.com/idWzx08GbH
— Cesar Sanchez (@Cesarsanchez_co) June 2, 2025
Peck had known as on Meta to speculate a portion of its $72 billion money and money equivalents into Bitcoin, arguing it might assist the corporate hedge its reserves in opposition to inflation.
“Since money is constantly being debased and bond yields are decrease than the true inflation charge, 28% of Meta’s whole property are constantly diminishing shareholder worth,” he argued in his supporting assertion.
He added that Meta’s second-largest shareholder, BlackRock, has beforehand mentioned {that a} 2% BTC allocation is affordable for an organization.
Amazon Vote Looms After Microsoft, Meta Rejections
The Meta proposal is just not the primary put ahead by Peck. He additionally pitched the thought to Microsoft and Amazon shareholders on behalf of the conservative assume tank, the Nationwide Middle for Public Coverage Analysis (NCPPR).
Microsoft shareholders rejected the proposal in December. With Meta’s backers doing the identical, the market will probably be turning its consideration to Amazon. The tech big’s shareholders are at present awaiting a vote on whether or not the corporate ought to allocate not less than 5% of the corporate’s property to Bitcoin.
Regardless of Microsoft and Meta selecting to go away Bitcoin off their steadiness sheets, information from BitcoinTreasuries exhibits 116 different firms have added BTC to their respective steadiness sheets up to now.
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